Buyer's Market
The City of Guelph's real estate market remained active in January, though shifting into a buyer's market. The median sale price rose by 5.12% to $780,000, while the average sale price saw a slight decline of 0.21% to $770,153. Sales volume increased by 5.22%, supported by a 5.43% rise in unit sales to 97. New listings surged by 41.44%, while expired listings climbed 45.16%, leading to greater inventory. The unit sales-to-listings ratio declined to 37.89%, reinforcing market conditions that favour buyers with more choices and negotiation power.
January Numbers
Median Sale Price | $780,000 |
|---|---|
Average Sale Price | $770,153 |
Sales Volume | $74,704,885 |
Unit Sales | 97 |
New Listings | 256 |
Expired Listings | 45 |
Unit Sales/Listings Ratio | 37.89% |
Year-over-year comparison (January 2025 vs. January 2024)
January Year-over-year Sales Volume of $74,704,885
- Up 5.22% from 2024's $71,002,062, with unit sales of 97 up by 5.43% from last January's 92.
- New listings of 256 are up 41.44% from a year ago, with the sales/listing ratio of 37.89% down 12.94%.
Year-to-date Sales Volume of $74,704,885
- Up 5.22% from 2024's $71,002,062, with unit sales of 97, up from 92 in 2024.
- New listings of 256 are up 41.44% from a year ago, with the sales/listing ratio of 37.89% down 12.94%.
Year-to-date Average Sale Price of $770,153
Down from $771,762 one year ago, with a median sale price of $780,000 up from $742,000 one year ago. Average days-on-market of 38 is up 4 days from last year.
